🎉🎉Altcoin Whale Sales Accelerate: Massive Unlocking Expected This Week! 🎉🎉

A crypto whale has caused concern in the market with a large altcoin transfer.

A crypto whale has attracted attention with a large transaction he made for decentralized finance (DeFi) tokens. The wallet owner with the address "0x687" transferred 4.96 million Ethena (ENA) tokens worth $6.01 million to the crypto exchange Binance on the morning of January 6.

The transaction took place at an average price of $1.23 per token.

It was stated that 12 million locked tokens worth $15 million related to Ethena (ENA) will be opened this week. The whale in question had previously withdrawn a total of 5.97 million ENA (worth $4.46 million) from Binance between May 10 and December 2, 2024 at a price of approximately $0.75 and used these tokens for staking.

If the whale sells the current tokens, it will have made a profit of approximately $2.38 million (64.2%). This situation has once again highlighted how the volatility of DeFi tokens and the strategic moves of large investors can affect the market.

Experts warn investors that such large transactions can lead to fluctuations in token prices. Possible changes in the ENA price are being carefully monitored by both individual and institutional investors.

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